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0.4¢ peako limited

l agree, the previous drilling results have ALL returned a mix...

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Capped02

745 Posts.

212

12/05/23

17:26

Post #: 67749122
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Originally posted by rivermore: ↑

The Eastman prospects appear to have pretty serious upside in both grades and resources.

It clearly isn't reflected in the current share price (I would argue it should be multiples of current).

The current MC is $4m with close to $1m in cash and grants.

They really only need a couple of 'next step' drill results and this should move very substantially higher.

They should be mobilising to site in the next few weeks and being air core drills, they will be quick to undertake.

Strange situation but it gets my speculative instincts jangling.

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l agree, the previous drilling results have ALL returned a mix of PGE’s at shallow depths and at mineable grades and a few at decent grades. IMO the SP is undervalued by at least 50-70%.

DYOR

PKO Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $2.108M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$4.643K	1.160M

Buyers (Bids)

No.	Vol.	Price($)
1	64211	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	1321372	4

View Market Depth

No.	Vol.	Price($)
1	64211	0.004
14	11498114	0.003
14	18377666	0.002
6	21400000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	1321372	4
0.006	265753	2
0.007	1577981	4
0.008	1394456	2
0.010	2346116	1

Last trade - 11.26am 29/05/2024 (20 minute delay)

PKO (ASX) Chart